Earlier this year, Finger Lakes Economic Development Center (FLEDC) CEO Steve Griffin presented a report on all the current Payment in Lieu of Taxes (PILOT) agreement recipients and where they stand in meeting the number of jobs that were estimated would be created and/or retained for Yates County. After months trying to verify the figures he presented to the board, Griffin has responded to a request by The Chronicle-Express for those figures to be made public.
While the projected targets for employment are only an estimate that can change with circumstances, most of the PILOT contracts met their projection, are close to meeting it, or have been delayed in construction and are still expected to meet their target number of jobs. However, Griffin did highlight glaring exceptions in his report. A total of seven projects have failed to or have not yet met the targets out of the total of 34 projects granted the benefits of a PILOT.